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We help finance executives create capabilities that drive increased economic value—and high performance—across the enterprise.
Organizations in the world’s five-largest economies spend more than $200 billion annually on finance and performance management capabilities as they look for opportunities to increase the value of their enterprises while decreasing the costs associated with transaction processing, financial operations, regulatory compliance and financial reporting.
Accenture helps organizations chart the most intelligent and practical course to achieve high performance in the multi-polar world, defined by Accenture as having multiple centers of economic power and activity.
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Accenture has the breadth of experience, global resources, superior frameworks and methodologies, and deep knowledge and insights to help create new forms of value for CFOs, helping our clients on their journeys to high performance.
Organizations rely on specific data to enable financial processes such as closing the books, reporting results, planning and budgeting, controlling costs and complying with stringent legislation. Accenture believes that such organizations have an opportunity to develop more sophisticated capabilities to achieve increased insight, allowing them to adapt to market conditions and opportunities.
The Finance & Performance Management service line has created a series of offerings, solutions, frameworks and methodologies to assist our clients in identifying opportunities for value creation and cost reduction, understanding the important role finance plays in capturing those opportunities and implementing solutions that affect business results at scale.
Featured Client successes
Vodafone teamed with Accenture to take advantage of SAP OutlookSoft technology to improve its planning, control and management accounting processes. Vodafone now has powerful cross-area analysis and reporting capabilities with new functionalities and analysis dimensions that allow for suitable performance indicators for new business lines (such as proposition-based profit and loss); high flexibility of traffic, profitability and estimating models. These functionalities are all fully and easily customizable by some 200 users. In addition, it has a system performance capability that is compatible with critical closing timelines and excellent system usability, especially with regard to the integration of reporting with standard office tools.
At Siemens, Accenture worked closely with SAP to pioneer the development of a financial reporting solution that made all reporting and closing information available via the Web for 1,200 consolidated subsidiaries spanning 16 business units—making it the world’s largest SAP enterprise controlling/consolidation system implementation. Among its many benefits, the solution provided a consolidated data resource to 3,000 users throughout the Siemens corporate finance organization, reduced the cycle time for financial reporting and consolidation by 50 percent and lowered costs by 25 percent through streamlined information delivery.
Core finance and performance work includes activities such as:
Outlook from Accenture
Outlook is a journal of high-performance business.
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